Sensex, Nifty End Choppy Session On Flat Note; Auto Stocks Rally

RTTNews | 686 dagar sedan
Stocktwits
Sensex, Nifty End Choppy Session On Flat Note; Auto Stocks Rally

(RTTNews) - Indian shares fluctuated before ending little changed on Wednesday as weak service sector activity data from China, Europe and the U.K. added to recession worries. Closer home, a survey showed growth in India's services sector fell to a three-month low in June.

The benchmark S&P/BSE Sensex ended a choppy session down 33.01 points at 65,446.04, after having hit a fresh record closing high for a fourth straight session the previous day.

The broader NSE Nifty index closed up 9.50 points at 19,398.50.

Bajaj Auto soared nearly 6 percent. Domestic sales of its electric scooter Chetak grew over four-fold to 36,260 units in FY23, according to the company's latest annual report.

Divis Laboratories followed suit with a 5.9 percent gain, HDFC Life shares jumped 4.3 percent, Maruti Suzuki India rallied 3.6 percent and Hero MotoCorp added 3.5 percent. HDFC twins fell on profit taking after recent strong gains. HDFC Bank and HDFC both lost around 3 percent after the release of Q1 business update.

Eicher Motors dropped 2.6 percent while both UPL and Tata Consumer Products fell over 1 percent.

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European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

European stocks turned in a mixed performance on Wednesday after a cautious session as investors awaited clarity on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weighed on sentiment. A downward revision in U.S. federal deficit weighed as well.
RTTNews | 23 minuter sedan
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to open on a mixed note Wednesday morning. Weak European stocks, concerns about U.S. debt, impasse over peace talks and a lack of progress in trade negotiations may weigh on sentiment. Firm bullion and crude oil prices could trigger buying in resources sectors and limit market's downside.
RTTNews | 5h 3minuter sedan
UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

UK consumer price inflation accelerated sharply to the highest level in more than a year in April due to higher domestic bills and the hike in employers' taxes, official data revealed on Wednesday. The consumer price index rose by a bigger-than-expected 3.5 percent year-on-year in April, which was faster than the 2.6 percent increase in March, the Office for National Statistics reported.
RTTNews | 5h 53minuter sedan
FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

U.K. stocks are marginally down on Wednesday amid concerns over an impasse in Russia-Ukraine peace talks, a lack of progress in trade negotiations, and data showing an acceleration in British consumer price inflation in the month of April. Investors are also reacting to some corporate earnings announcements.
RTTNews | 6h 1minuter sedan
CAC 40 Moderately Lower In Cautious Trade

CAC 40 Moderately Lower In Cautious Trade

French stocks are under a bit of pressure on Wednesday amid uncertainty about Ukraine-Russia peace talks, and a lack of positive progress on the trade front. The recent downgrade of U.S. sovereign credit rating by Moody's weigh as well on investor sentiment.
RTTNews | 6h 34minuter sedan
Sensex, Nifty Snap Three-day Losing Streak

Sensex, Nifty Snap Three-day Losing Streak

Indian shares eked out modest gains on Wednesday, after having suffered heavy losses in the previous session amid rising geopolitical tensions, growing concerns over U.S. debt and a spike in Covid-19 cases in Southeast Asia.
RTTNews | 6h 40minuter sedan
DAX Drifts Lower On Geopolitical Concerns

DAX Drifts Lower On Geopolitical Concerns

German stocks are down in negative territory on Wednesday as investors make cautious moves, awaiting fresh news on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weigh on sentiment.
RTTNews | 7h 2minuter sedan
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